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Feb 4, 2013
02/13
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now under the leadership of harry reid and president obama, it's not able to pass a budget. it's not a problem with the senate. it's not a problem getting 51 senators. they've done it for decades. the problem is that no one in washington on the other side of the aisle wants to take leadership for how to get us out of the fiscal mess we're in. and not this year's fiscal mess. the mess that extends out 20, 30, 40 years. the president's budget last year never, ever, ever balanced. you can't do that. those numbers don't add up. >> all right. let's bet back to this sequester here. it comes at a time when we just learned that fourth quarter gdp was horrible compared to what we saw in the third quarter. the stock market seems to feel like things are getting back to normal, the economy's on the mend. is this the time to allow these spending cuts to take effect automatically that could take out a number -- "the new york times" says it could cost a million jobs in the economy right now. isn't this the time to think about an alternative of some kind? >> absolutely. the senate has not t
now under the leadership of harry reid and president obama, it's not able to pass a budget. it's not a problem with the senate. it's not a problem getting 51 senators. they've done it for decades. the problem is that no one in washington on the other side of the aisle wants to take leadership for how to get us out of the fiscal mess we're in. and not this year's fiscal mess. the mess that extends out 20, 30, 40 years. the president's budget last year never, ever, ever balanced. you can't do...
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Feb 8, 2013
02/13
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i'm with obama on this, i really am. i'm with obama. whether that makes me a con or a neo-con or whatever it is, think think they're wrong about waterboarding. but notice, answer, guantanamo is still open. i think obama has learned a thing or two. >> yeah, i wish he would learn a few more things and that is to get -- actually, i think it's mark's concerns about winning the hearts and minds of pakistanis. i don't think i'd spend a lot of time and effort on that and, you know, this is part of the reason i'm enthusiastically supporting the siequester. i think there's plenty we can cut from the defense department, including this pointless, endless rebuilding of afghanistan. it was one thing to go in and take out al qaeda and the taliban. what on earth are we doing over there? why do we care about the hearts or minds or building the schools? i mean, outside of osama bin laden going to afghanistan and tricking the taliban into this spectacular attack on america, in general the muslims in afghanistan like the ones in indonesiaia have not expor
i'm with obama on this, i really am. i'm with obama. whether that makes me a con or a neo-con or whatever it is, think think they're wrong about waterboarding. but notice, answer, guantanamo is still open. i think obama has learned a thing or two. >> yeah, i wish he would learn a few more things and that is to get -- actually, i think it's mark's concerns about winning the hearts and minds of pakistanis. i don't think i'd spend a lot of time and effort on that and, you know, this is part...
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Feb 8, 2013
02/13
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republicans saying president obama, you've got your tax increases in the cliff in early january. we want spending cuts now and if you don't agree with our spending cuts we'll let the sequester cuts, the indiscriminate across-the-board take effect. the white house said if i get the word out on what this means you wouldn't dare do that. that's what the white house briefing was about. administration economic officials talked about the middle class impacts, talked about 70,000 kids being thrown off of head start and 2,000 fewer food inspections. 540 million less in loan guarantees for small business and 375,000 fewer mental health patients being treated. 10,000 teachers lost, leon panetta, the outgoing defense secretary, has already said that the unacceptable cuts to the nation's defense would result so what we've got to see is whether republicans believe that or whether they believe it's a chicken little kind of argument and some democrats privately on the hill think that the sequester cuts might not be all that bad because they cut some of the defense programs that democrats have w
republicans saying president obama, you've got your tax increases in the cliff in early january. we want spending cuts now and if you don't agree with our spending cuts we'll let the sequester cuts, the indiscriminate across-the-board take effect. the white house said if i get the word out on what this means you wouldn't dare do that. that's what the white house briefing was about. administration economic officials talked about the middle class impacts, talked about 70,000 kids being thrown off...
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Feb 24, 2013
02/13
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WUSA
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it was left out. >> why, because that is -- that is obama's sacred cow? >> well, he's got a few sacred cows, but that's one of them. >> eleanor. >> first of all 178 republicans voted for sequester. john boehner said he was very happy. he got 91% of what he wanted. the impasse here is that the republicans don't want to give anything in new revenue, and the public is with the president, that you can't have a deal which only relies on spending cuts when you have an economy where the recovery is fragile. it's the last thing we should be doing. and in terms of healthcare, "time" magazine has a terrific cover this week about medical bills, and, you know, the president doesn't have control over all of those things, and the big hero in the "time" magazine cover story is medicare, which is actually doing a very good job in controlling healthcare spendingyet more sequester grief. >> the u.s. travel association and congressional staff aids concur that with the budget sequester, one hour will be added to security wait at the nation's biggest and busiest airports. and
it was left out. >> why, because that is -- that is obama's sacred cow? >> well, he's got a few sacred cows, but that's one of them. >> eleanor. >> first of all 178 republicans voted for sequester. john boehner said he was very happy. he got 91% of what he wanted. the impasse here is that the republicans don't want to give anything in new revenue, and the public is with the president, that you can't have a deal which only relies on spending cuts when you have an economy...
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Feb 16, 2013
02/13
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it has proven that not one obama led to mass shootings. they are all in favor of these control measures. [talking over each other] [talking over each other] >> that is not true. a lot of people are saying that they are not going to enforce any of the federal laws. the. lou: the distinction that emily is making. if i may -- is that the sheriffs are typically, in this country, the only elected that law-enforcement officers and the associations do not fall in line with theppointed police chief's across the country. according to the good wishes and good will of their mayors. i would like to say thank you on. what a terrific panel, thank you for being here. well, that is it for us tonight. coming up next week, the ways and means an intelligence committee member, congressman dennis nunes of california. john silva joins us to talk about his runaway markets, and chris stirewalt will straighten out as much of my political thinking as he can. thank you for joining us over this weekend. we hope you have a wonderfend. good night from new york. neil: t
it has proven that not one obama led to mass shootings. they are all in favor of these control measures. [talking over each other] [talking over each other] >> that is not true. a lot of people are saying that they are not going to enforce any of the federal laws. the. lou: the distinction that emily is making. if i may -- is that the sheriffs are typically, in this country, the only elected that law-enforcement officers and the associations do not fall in line with theppointed police...
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Feb 15, 2013
02/13
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debt and unemployment as the biggest problems and a third of them blamed their negative outlook on obama administration. the message here. the wealthy have now fully healed from the crisis, but they won't have full confidence until the country fixes its own finances. maria. >> all right. thank you so much. robert frank. >>> up next, gamers beware. there's a first person shooter taking aim at xbox, the wii and playstation. up next, one of the creators of microsoft's xbox will join me with a move that could reboot the video game business and the first lawsuits against carnival coming out. the latest details on this developing story. back in a moment. [ laughs ] now this is a test drive. whoa! you really feel all 335 foot-pounds of torque. it's chevy truck month! silverado was also recognized for the lowest cost of ownership. hey, what are you gonna do with it? end table. oh. [ male announcer ] it's chevy truck month. now get 0% financing for 60 months, plus trade up to get $1,750 total allowance on a silverado all-star edition. or trade up and choose customer cash plus option package disco
debt and unemployment as the biggest problems and a third of them blamed their negative outlook on obama administration. the message here. the wealthy have now fully healed from the crisis, but they won't have full confidence until the country fixes its own finances. maria. >> all right. thank you so much. robert frank. >>> up next, gamers beware. there's a first person shooter taking aim at xbox, the wii and playstation. up next, one of the creators of microsoft's xbox will join...
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Feb 3, 2013
02/13
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commander in chief barack obama has nominated charles chuck hagel for secretary of defense. hagel testified before the senate armed services committed tee this week. is senator john mccain grilling hagel about hagel's opposition to the surge in iraq in 2007. >> were you correct in your judgment. >> i would defer that to history. >> when you were right or wrong about the surge. >> i'll explain why i played those comments. >> i want to know if you were right or wrong. that is a direct question. i expect a direct answer. >> senator hagel explained he opposed the surge in iraq because it cost nearly 1200 american lives. >> i saw the consequences and the suffering and the horror of war. so i did question a surge. i always ask the question, is this going to be worth the sacrifice? because there will be sacrifice. >> that was hagel's emphasis on the cost factor. my question is this. his emphasis on the cost factor in military decisions, does it serve as a dodge to senator mccain's bullet? or did he mean this completely from the heart? and if he did, isn't he exactly the man we want
commander in chief barack obama has nominated charles chuck hagel for secretary of defense. hagel testified before the senate armed services committed tee this week. is senator john mccain grilling hagel about hagel's opposition to the surge in iraq in 2007. >> were you correct in your judgment. >> i would defer that to history. >> when you were right or wrong about the surge. >> i'll explain why i played those comments. >> i want to know if you were right or...
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Feb 5, 2013
02/13
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we warned you president obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path to prosperi prosperity. more tax hikes will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the
we warned you president obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path...
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Feb 10, 2013
02/13
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when you bring people into the system as obama's healthcare does, that his policy. you will not change that with marco rubio's face. >> were you watching when the lights went out at the super bowl? it happens in washington a lot. >> the interruptions in service did not occur inside the building. >> the system worked -- that is what they said after watergate. [laughter] why did the lights go off in the superdome? the power co. said it was a faulty device they installed. in any case, it brings me to the question of infrastructure. a couple of years ago, the world economic forum rated as 23rd, between chile and spain, and apparently we're not getting much better. >> the president has proposed over and over again that we address this, that we tackle this problem now, and we're going nowhere. the budget, the budget, the budget. infrastructure is going to continue to deteriorate. >> the electrical grid, roads, tunnels, mass transportation. if we started work on that, think of all the people we could put to work. >> i think it is even more fundamental than that. cbs pointe
when you bring people into the system as obama's healthcare does, that his policy. you will not change that with marco rubio's face. >> were you watching when the lights went out at the super bowl? it happens in washington a lot. >> the interruptions in service did not occur inside the building. >> the system worked -- that is what they said after watergate. [laughter] why did the lights go off in the superdome? the power co. said it was a faulty device they installed. in any...
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Feb 10, 2013
02/13
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drone attacks ordered by obama have spiked particularly in yemen, somalia, afghanistan, and notably pakistan where over 360 drone strikes over the nine years, 2004 to 2013, have killed over 3,000 people. this data is not classified. and not even secret. but it is troubling. so troubling that the u.n. has just decided to launch an investigation on the impacts of drone strikes on thousands of civilians. question. will the u.n. human rights council rule that drone use violates international law do you think, pat buchanan? >> i don't think they l. if they do, john, it doesn't make any difference. but we really ought to be concerned about these drones. they're a tremendously effective weapon. they save our pilots and the rest of it. but the collateral damage, the killing of civilians, the killing of children, the tremendous alienation they've increased all over this region has resulted in al-qaida frankly getting a tremendous number of new recruits. are we recruiting more enemies than we're killing? that's the key question when you look to see how al-qaida is no longer just in afghanistan but six
drone attacks ordered by obama have spiked particularly in yemen, somalia, afghanistan, and notably pakistan where over 360 drone strikes over the nine years, 2004 to 2013, have killed over 3,000 people. this data is not classified. and not even secret. but it is troubling. so troubling that the u.n. has just decided to launch an investigation on the impacts of drone strikes on thousands of civilians. question. will the u.n. human rights council rule that drone use violates international law do...
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Feb 21, 2013
02/13
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on the one hand, if they give in to obama, if they don't give in to obama, there will be the political costs, it'll be blamed on them. but if they do give into obama, crumble one more time, i suspect they'll lose their majority in the house. never regain it in the senate. >> the party really splits and may never get it back. do you want to talk to brent bozell? >> to what extent -- and having served in the last republican conference, there certainly was a contrast between those who felt we were betraying our principles if we worked too closely with the obama administration and those who felt that it was better to get a first down than lose yardage entirely. how do you think the republicans should approach that job and that message so they do look coherent and they do move forward? >> well, first they have to have a message. you know, the republican party of being the party of growth and opportunity and limited government and limited taxes, look that's gone. that was something of a quarter century ago. that is not applicable today. if they want to regain it, they've got to sell it. >> r
on the one hand, if they give in to obama, if they don't give in to obama, there will be the political costs, it'll be blamed on them. but if they do give into obama, crumble one more time, i suspect they'll lose their majority in the house. never regain it in the senate. >> the party really splits and may never get it back. do you want to talk to brent bozell? >> to what extent -- and having served in the last republican conference, there certainly was a contrast between those who...
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Feb 26, 2013
02/13
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>> for example, what president obama thinks right now. >> they want to know what president obama thinks. >> yes. >> that and more, when 60 minutes on cnbc returns. [ticking] [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. yes, you could. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in
>> for example, what president obama thinks right now. >> they want to know what president obama thinks. >> yes. >> that and more, when 60 minutes on cnbc returns. [ticking] [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get...
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Feb 17, 2013
02/13
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KQED
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republicans had the obama speech an hour and half or two hours before. it was in some ways the ship passing in the night with the obama speech. but the president did propose something on medicare with entitlements. there were things in the president's speech about reducing government costs. he threw out a bunch of new programs that don't have the chance of a snowball in hell. >> but he said that none of this stuff will add a dime to the deficit. how can he make that claim? >> the state of the union -- you used to watch these things to hear what the president had to say. now you approach it with the idea, what else do they do to show disrespect to the president of the united states? it happened again this time. sitting up there in the gallery at the request of a republican is a guy named ted nugent, who famously said, " barack obama and hillary clinton --" ama- he's a piece of this is a family show. "i will make him stop on my machine gun." this guy is ther at the request of the steve stockman of texas bank. what else will they do? >> apparently he behave
republicans had the obama speech an hour and half or two hours before. it was in some ways the ship passing in the night with the obama speech. but the president did propose something on medicare with entitlements. there were things in the president's speech about reducing government costs. he threw out a bunch of new programs that don't have the chance of a snowball in hell. >> but he said that none of this stuff will add a dime to the deficit. how can he make that claim? >> the...
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the very people president obama's administration doesn't listen to. they didn't put those folks on the jobs council that they disbanded. it's the big companies. we are not supporting them. brad, to you. seems to me that these kinds of problems get ignored and are not being fixed. >> absolutely. the fact that it's become the new normal. you just hit the nail on the head that we are numb and we don't challenge the people who are in power to actually provide results. you know, bill clinton said it best. there's about a trillion dollars just sitting on the sidelines of people who have no confidence anymore, not only our government fixing problems, but they are able to do it. what we need to do is hold the government's feet to the fire. the obama administration, the house, the senate because they are direct responsibility for why we've seen such anemic growth, and to say to somebody looking for a job, it's coming, it's coming, four years? it's coming? no, it should be unacceptable. gerri: john, i want you to talk to some of the participation rates, labor r
the very people president obama's administration doesn't listen to. they didn't put those folks on the jobs council that they disbanded. it's the big companies. we are not supporting them. brad, to you. seems to me that these kinds of problems get ignored and are not being fixed. >> absolutely. the fact that it's become the new normal. you just hit the nail on the head that we are numb and we don't challenge the people who are in power to actually provide results. you know, bill clinton...
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Feb 22, 2013
02/13
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FBC
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fred obama's going to win, so for romney. a big disconnect between those that describe themselves as libertarian and the libertarian. john: why? >> i don't know given the fact, given the fact that really it is cool to be libertarian. it is cool to be socially excepting and fiscally conservative. john: you made me laugh the other day saying it's cooler to the libertarian and republican. >> that is certainly true. john: is a cool to be a republican on campus? >> no. john: cool to be a democrat? >> no. john: i don't believe you. on campus. >> that might be a little wishful thinking. and senate -- on sure a lot of colleges think it's better to be a democrat and republican. there is a lot of understanding in the united states, first that the old rules, anti-gay rules, anti-drug rules and things are going to be washed away. and there is clearly an understanding. i think every american knows that the american welfare state is bankrupt. everybody knows the problem. they just have not yet come around to wanting to fix it. it. john: fi
fred obama's going to win, so for romney. a big disconnect between those that describe themselves as libertarian and the libertarian. john: why? >> i don't know given the fact, given the fact that really it is cool to be libertarian. it is cool to be socially excepting and fiscally conservative. john: you made me laugh the other day saying it's cooler to the libertarian and republican. >> that is certainly true. john: is a cool to be a republican on campus? >> no. john: cool...
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Feb 26, 2013
02/13
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>> for example, what president obama thinks right now. >> they want to know what president obama thinks. >> yes. >> that and more, when 60 minutes on cnbc returns. [ticking] with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wallet? [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. you know it even after all these years. but your erectile dysfunction - you know,that could be a questio
>> for example, what president obama thinks right now. >> they want to know what president obama thinks. >> yes. >> that and more, when 60 minutes on cnbc returns. [ticking] with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day....
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Feb 7, 2013
02/13
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when americans discover how bad obama care is and when obama care starts bankrupting state governments, i think you're going to see a huge rebellion against this president and his policies. >> but when -- when are they going to figure that out, senator? we've been talking about obama care for a long time now, and it's already costing businesses, you know, enormous amounts of money and stopping them from hiring any new headsed to the payroll so when are we going to figure this out in your view? when do you think that happens? >> when republicans begin to present our message better and we tell people whether you're rich, poor or middle class you'll have more jobs and more money if we leave money in your state, leave money in your pocket and that's how the economy will grow. when people figure that out, i think they will come back to the republican party, but they also have to see that what he's planning for us is -- it is bankrupting us as we speak. we're borrowing $50,000 a second and it can't go on. >> i didn't know it was a second. >> let me ask you about one other issue before we let
when americans discover how bad obama care is and when obama care starts bankrupting state governments, i think you're going to see a huge rebellion against this president and his policies. >> but when -- when are they going to figure that out, senator? we've been talking about obama care for a long time now, and it's already costing businesses, you know, enormous amounts of money and stopping them from hiring any new headsed to the payroll so when are we going to figure this out in your...
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Feb 7, 2013
02/13
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this is an obama-type defense on spending cuts. next thing you want is revenues to help the post office go through. what's go pac? i'm sorry. >> it's a teachable moment as guy talked about. this is what happens when you allow the government to come in and run an industry that in treery is private. it is not. any decision the post office wants to make to become more efficient, they have to say mother may i. in this administration you see whether it's the epa that wants to continue to regulate the energy industry, trying to do more in the car industry, trying to take over the health care industry. >> can i just interject? you see the problems between government has mother may i decisions over the economy. >> it has nothing to do with the obama administration. the problems of the post office go back way before president obama existed. the reality is it's an inefficient organization that has to answer to the government to make decisions. the problem is people aren't using the post office. >> let me make a quick point. first of all it's
this is an obama-type defense on spending cuts. next thing you want is revenues to help the post office go through. what's go pac? i'm sorry. >> it's a teachable moment as guy talked about. this is what happens when you allow the government to come in and run an industry that in treery is private. it is not. any decision the post office wants to make to become more efficient, they have to say mother may i. in this administration you see whether it's the epa that wants to continue to...
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Feb 13, 2013
02/13
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we're going to try to hold an obama nominee to a standard that president obama set. you laid it out correctly, that president obama, in the campaign, made a very very big deal out of the unethical immoral business of investing in the cayman islands. so you would expect -- you wouldn't expect him then to appoint somebody that did exactly the same thing that ends up making the president look hypocritical by nominating such a person who did exactly the same thing that they criticized governor romney for. >> being hypocritical in washington, that's certainly not very unique, i don't think, senator, right? i guess it's politics, the political season. i understand fully what you're saying, but you don't really have anything, right? no one is saying he even was a tax evader, just he did some of the same things that raised eyebrows during the election. >> unlike four years ago, we had several nominees from this administration that didn't pay their taxes. some paid their taxes and others withdrew their name. there's no charges against lew for that reason. but i think we do ha
we're going to try to hold an obama nominee to a standard that president obama set. you laid it out correctly, that president obama, in the campaign, made a very very big deal out of the unethical immoral business of investing in the cayman islands. so you would expect -- you wouldn't expect him then to appoint somebody that did exactly the same thing that ends up making the president look hypocritical by nominating such a person who did exactly the same thing that they criticized governor...
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Feb 22, 2013
02/13
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FBC
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obama called in since new year's eve. as white house officials faced questions on whether the buck stops with the president. >> the president is commander in chief, and he is very concerned. that is why he has put forward compromise proposals again and again. >> house majority leader eric cantor fired back, the president should stop scaring the public about how me it digress restore will stop being inspected and criminals will be let free by budget cuts. instd reach out to senate democratic leader harry reid who did not get a call from the president today and bush and to pass one of two house republican plans to stop the sequestered. cantor declaring house republicans have acted, and it is time for the president and senate democrats to join us. it is time to get off of the campaign trail and get to work, show us with spending reductions you prefer and let's find some common ground. in a tit-for-tat fight, carney brought out shots on the president's own plans to cut spending and tried to turn the blame game back on publica
obama called in since new year's eve. as white house officials faced questions on whether the buck stops with the president. >> the president is commander in chief, and he is very concerned. that is why he has put forward compromise proposals again and again. >> house majority leader eric cantor fired back, the president should stop scaring the public about how me it digress restore will stop being inspected and criminals will be let free by budget cuts. instd reach out to senate...
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Feb 12, 2013
02/13
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obama's former budget director think about that notion? >> ron insana joins us along with peter orszag, the vice chairman formerly with citigroup. >> what are you expecting to be the crux of the president's speech tonight? >> i think he's telegraphed what he's emphasizing, immigration and something on economic growth. what we'll be looking for is what is the solution here, for example, on the sequester that we're starting to, you know, bump up against? what is the proposal? how are we going to get out of this mess? >> and ron, what do you think he says that could cause -- rattle the markets a bit? >> i should preface it, the thing that slips us into a 3% to 5% correction. the president has been making more noises about closing loopholes and raising taxes fort on higher income brackets, something we already went through with respect to the fiscal cliff negotiations, so i think as we move towards the sequester as peter just suggested, the more acrimonious this get and the more the two sides get entrenched around higher taxes on the wealthy o
obama's former budget director think about that notion? >> ron insana joins us along with peter orszag, the vice chairman formerly with citigroup. >> what are you expecting to be the crux of the president's speech tonight? >> i think he's telegraphed what he's emphasizing, immigration and something on economic growth. what we'll be looking for is what is the solution here, for example, on the sequester that we're starting to, you know, bump up against? what is the proposal?...
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Feb 5, 2013
02/13
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for example, "the journal" said president obama's s.e.c. chair nominee mary jo white would not be able to vote on any case involving jpmorgan for two years after taking the job because jpmorgan was a client at a previous law firm. and daniel gallagher would have a conflict of interest on jpmorgan cases, too. he came from a law firm that helped jpmorgan investigate the london whale trading fiasco. such vacancies could give the s.e.c. bare number of minimum commissioners to field a quorum on certain cases which could potentially weaken the commission. s.e.c. declined to comment to the newspaper on behalf of white who is not yet a commission official. back to you. >> thanks so much, eamon. reaction now with attorney andrew consultman who says this is a major problem, while a former s.e.c. official says the benefits of having the right people far outweigh the cost of some conflicts of interest. both join us right now for a discussion. good to have you on the program. robert, i think you make a good point. you want people with the experience and
for example, "the journal" said president obama's s.e.c. chair nominee mary jo white would not be able to vote on any case involving jpmorgan for two years after taking the job because jpmorgan was a client at a previous law firm. and daniel gallagher would have a conflict of interest on jpmorgan cases, too. he came from a law firm that helped jpmorgan investigate the london whale trading fiasco. such vacancies could give the s.e.c. bare number of minimum commissioners to field a...
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Feb 13, 2013
02/13
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FBC
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a lot of speculation in the market places, this after president obama last night proposed raising the minimum rage requirement, and that could lead to the selloff there, accounting for the quarter of the dow's losses, and i want to finish, liz, with the commodity markets. big movers, natural gas prices volatile, up a couple percent right now at $3.29 per british thermal unit. there's silver, a story i've been talking about today, hsbc saying silver's going to be the shining star of 2013. not today, liz, but it has been outperforming gold so far this year. back to you. liz: buying opportunities. well, it's very much an industrial play. >> absolutely. liz: thank you very much, sandra, sandra smith, closing bell ringing in 17 minutes. real estate investment trusts are a way to get exposure without physically buying a building or shopping mall on your own, but what if we told you there's a rate out there where you pay the fee up front without knowing how much money you make and can't sell it for years unless you want to take a penalty. who takes on that risk? actually, a lot of savvy inve
a lot of speculation in the market places, this after president obama last night proposed raising the minimum rage requirement, and that could lead to the selloff there, accounting for the quarter of the dow's losses, and i want to finish, liz, with the commodity markets. big movers, natural gas prices volatile, up a couple percent right now at $3.29 per british thermal unit. there's silver, a story i've been talking about today, hsbc saying silver's going to be the shining star of 2013. not...
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Feb 21, 2013
02/13
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CNBC
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he's hoping president obama likes his abe-nomices, so to speak. a summit with the two leaders will be held on friday where prime minister abe is expected to deliver a policy speech entitled, "japan is back." tomo is joining me now. thanks so much for your time. is japan back? >> that's a good question. i think japan is certainly back and with the depreciation of the yen and higher stock prices, the market reacts at least that way and we think that this will impact on our financial market is going to filter through to the real economy anytime soon. >> this is the interesting point. it's one thing for investors to bid up the nikkei, to push down the yen in anticipation of the bank of japan will be extremely aggressive. we'll deliver on its inflation target. it's another to actually deliver. have we moved on that phase now where they have to deliver and how likely is it that they can? >> well, we are going to see a new governor and the two deputy governors in april. so, well, i think regardless of who is going to be the next governor, the bank of jap
he's hoping president obama likes his abe-nomices, so to speak. a summit with the two leaders will be held on friday where prime minister abe is expected to deliver a policy speech entitled, "japan is back." tomo is joining me now. thanks so much for your time. is japan back? >> that's a good question. i think japan is certainly back and with the depreciation of the yen and higher stock prices, the market reacts at least that way and we think that this will impact on our...
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it revealed incompetence at the top of the obama administration that is breathtaking. the president not concerned with americans under attack, secretary of state's all day long never once called to ask what might be done? the idea secretary not aware for request for satiric -- security saying can we help you out? nobody is hauled in this administration with national security. not just the failure of benghazi on negative benghazi but exposing the risk of facilities, citizens and their country to attacks worldwide. these people and not doing their jobs. >> the senior people are not from ambassador stevens was doing his. and we have a hint he was trying to negotiate arms transfers perhaps that is why he was meeting with the turkish ambassador, the last meeting he had. lou: suspend critical judgment for a man who has llen in service of this country, but he was aware of the security lapse from it is noble he would assume those for himself but he did for two operatives as well try to save his life and others trying to feed these attacks much of the responsibility rests upon
it revealed incompetence at the top of the obama administration that is breathtaking. the president not concerned with americans under attack, secretary of state's all day long never once called to ask what might be done? the idea secretary not aware for request for satiric -- security saying can we help you out? nobody is hauled in this administration with national security. not just the failure of benghazi on negative benghazi but exposing the risk of facilities, citizens and their country to...
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Feb 24, 2013
02/13
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FBC
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when obama states something, don't let him win the target. you stand on your platformment we'rnot doing that. lou: what is the deficiency here? i mean, the guy's, you know, the people around here -- some are bright guys. >> i think you make the opposite argument in the last election, lou. they have no narrative, no argument for economic growth, job creation, stimulating the economy, and offering growth, hope, and opportunity. lou: they don't have a response to class warfare rhetoric. >> that's it. they did pass a bill dealing with the budget, many things, harry reid hasn't, but the message is not out there. we have a narrative, but we don't have the leadership. >> i think -- i know boehner -- president had 72 # hours straight of golf. believe that's everything that you would create with the elite, the 1%, i mean, -- lou: great point. >> training from golf instructors and not from economists, even though we're in the tank. deficit, no job creation, stagnant economy, nothing going on with the economy. we're spending time working on the golf gam
when obama states something, don't let him win the target. you stand on your platformment we'rnot doing that. lou: what is the deficiency here? i mean, the guy's, you know, the people around here -- some are bright guys. >> i think you make the opposite argument in the last election, lou. they have no narrative, no argument for economic growth, job creation, stimulating the economy, and offering growth, hope, and opportunity. lou: they don't have a response to class warfare rhetoric....
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Feb 12, 2013
02/13
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FBC
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september 2011, president obama palace to jobs. february 204th, 2012, recasting agenda focusing and thompson's deficit. pivoting back to the economy. washington post february 10th 2013. but to we have to show for all the pivoting? >> began to not pay again. let's -- doing the same thing expecting different results is as we know to monopolize. the definition of insanity. there has to be no -- a new playbook. it is the reality that the debt is hurting the economy. is the reality that the promise of more tax increases hurt the economy. it is the reality that all the regulations he wants to pass with the economy. so at some point he has to recognize that the rest of his agenda is in danger in the economy and thus endangering his agenda. i don't understand why the white house cannot focus on the senate way that gives the american worker a chance? gerri: well, we are fresh out of chances. does not seem anything will be done to really give up big assist to joblessness in this country. hopefully we will find solutions down the road. thank
september 2011, president obama palace to jobs. february 204th, 2012, recasting agenda focusing and thompson's deficit. pivoting back to the economy. washington post february 10th 2013. but to we have to show for all the pivoting? >> began to not pay again. let's -- doing the same thing expecting different results is as we know to monopolize. the definition of insanity. there has to be no -- a new playbook. it is the reality that the debt is hurting the economy. is the reality that the...
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Feb 24, 2013
02/13
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KQED
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the only answer is to get together and obama thinks he has them on the ropes and republicans cannot seem to get themselves together. >> we just heard dr. paul say it was the president's idea. wasn't it? >> who cares? it's a bad idea on both sides. it's the blame game. it is the president's responsibility far more than anyone else, particularly a second term president who just won reelection. it's his responsibility to rise above this nonsense. he's not doing it. >> ought to show you something. this was a cover during the mid- 1990's and the speaker of the house complained that he had to exit air force one by the rear door, but that's not the point. the public complained and blamed president clinton, but after a while, his numbers went up and gingrich himself has said that the budget standoff with the single most avoidable mistake as speaker. you can never be sure how these things are going to play. >> the gingrich example is certainly instructive. he was the man of the year for "time" and he plummeted to 16% favorable. that is just a little bit south of donald trump. those are really bad
the only answer is to get together and obama thinks he has them on the ropes and republicans cannot seem to get themselves together. >> we just heard dr. paul say it was the president's idea. wasn't it? >> who cares? it's a bad idea on both sides. it's the blame game. it is the president's responsibility far more than anyone else, particularly a second term president who just won reelection. it's his responsibility to rise above this nonsense. he's not doing it. >> ought to...
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Feb 20, 2013
02/13
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MSNBC
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contestant number one is barack obama. today he continues his pr assault heading republicans as a com at the time tor who would rather have the fallout and compromise the president is avoiding the nation's biggest news outlets, opting to grant interviews to eight local tv personalities. i have been told -- that's not true, but i still would like an interview. anyway, contestant number two in this game of sequester shenanigans is the republican party, calling this the obama quester. >> no, we are not. >> hoping americans will associate and blame the president for the drastic cuts, the same strategy they used in the obama care fight. what's old is new again. the speaker adds with an op ed, writing mr. president, we agree that your sequester is bad policy. what spending are you willing to cut to replace it. that is washington at its best, both sides did agree to the sequester. let me introduce you to the sequester. he is "washington post" columnist matt miller, come on down to contestant's row. let's go right to your column t
contestant number one is barack obama. today he continues his pr assault heading republicans as a com at the time tor who would rather have the fallout and compromise the president is avoiding the nation's biggest news outlets, opting to grant interviews to eight local tv personalities. i have been told -- that's not true, but i still would like an interview. anyway, contestant number two in this game of sequester shenanigans is the republican party, calling this the obama quester. >> no,...
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Feb 23, 2013
02/13
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FBC
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listen, barack obama is a celebrity president, okay? how a guy in this position abandoning the post and playing 18 holes, th's what he does, goes to what he knows best. neil: i mention this on the show, and you know it well, but if you knew mr. president, all this hell was to come, the threat of eating mr. ed stuff, mental patients on the streets like zombies. surely, surely you would not have gone golfing at all, that would be the last thing on the schedule. >> that's the thing. look at woods and obama playing, effect sply both professional golfers if you look at it that way. barack obama is -- i mean, there's so many things to do, but bottom line is his biggest supporters are celebrities and actors, a celebrity president. the black eyed peas would have sung about him. he texted scarlett johansson. neil: like you haven't. >> i wish i had her on speed dial. their professional fakers, fake, play pretend, read lines they di't write that they likely don't understand or convince an audience otherwise. neil: what about people who read lines
listen, barack obama is a celebrity president, okay? how a guy in this position abandoning the post and playing 18 holes, th's what he does, goes to what he knows best. neil: i mention this on the show, and you know it well, but if you knew mr. president, all this hell was to come, the threat of eating mr. ed stuff, mental patients on the streets like zombies. surely, surely you would not have gone golfing at all, that would be the last thing on the schedule. >> that's the thing. look at...
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Feb 13, 2013
02/13
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FOXNEWSW
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i think it presented a sharp contrast to president obama. president obama could have tried to reach apros the -- across the aisle to find cooperation to get our economy growing and jobs back. instead he decided to embrace unabashed liberalism. and seems he has no idea how to grow the economy. >> he says deficit reduction is not an economic plan. that is a big quote for the night. we're going to get rid of tax deductions and loopholes. why do i interpret loopholes as another tax increase which, by the way he still advocates for? >> last four years, obama policies have not worked we've seen economic growth of 0.8%. he proposed more spending debt, higher taxes and more government control of the economy. >> saddest thing is if policies were adopted it would make it harder for 23 million people out of work to find jobs or young people to come out of school to find a first job harder for hispanics and african americans trying to climb the economic latder to work for and achieve economic dream. these policies don't work and president obama just wan
i think it presented a sharp contrast to president obama. president obama could have tried to reach apros the -- across the aisle to find cooperation to get our economy growing and jobs back. instead he decided to embrace unabashed liberalism. and seems he has no idea how to grow the economy. >> he says deficit reduction is not an economic plan. that is a big quote for the night. we're going to get rid of tax deductions and loopholes. why do i interpret loopholes as another tax increase...
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Feb 1, 2013
02/13
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CNBC
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with no bad debt expense with more people using hospitals because of obama care it's going to keep going. >> media stocks have done quite well. cbs? >> cbs is great. i like, i mean, the wyndham, the number one on that list earnings wednesday next week, judge. i like this one because barry sternwick was on cnbc i think monday this week. he of course with starwood and so forth talking about how properties around the world have appreciated and perhaps how they're not valuing properly the land underneath many of those properties. wyndham is a beneficiary of that. and obviously any of the reitization of any of these companies could also put a lot more on the bottom line. >> and the whole travel and leisure complex has done very, very well. >> yes. >> through the year. airlines, priceline, so that's wyndham as well. >> something we haven't talked about yeah we've talked about this move back to 14,000 on the overall market but not what was leading today. that was telecos. that is the leadership group today. what is your outlook? kind of amazing. what's happening, what is driving the telecos tod
with no bad debt expense with more people using hospitals because of obama care it's going to keep going. >> media stocks have done quite well. cbs? >> cbs is great. i like, i mean, the wyndham, the number one on that list earnings wednesday next week, judge. i like this one because barry sternwick was on cnbc i think monday this week. he of course with starwood and so forth talking about how properties around the world have appreciated and perhaps how they're not valuing properly...
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Feb 19, 2013
02/13
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FOXNEWSW
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under obama. he is not interested in cutting spending. this is a guy who looked favorably on the social welfare state of europe with higher spending and tolerate lower productivity and higher unemployment. that's what he wants in place in this country. >> we will talk aboutbe this more. next up is texas republican senator ted cruz is new media punching bag? [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick me, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. >>> i don't know if mr. hagel received funds directly or indirectly from foreign sources from extreme sources, but his refusal to provide disclosure i think is highly troubling. >> senator cruz has gone over the line. he basically has impugned the patriotism of the nominee. >> i watched him. in the hearings. and i saw joe mccarthy and the way he was prosecuting the case, the way he was putting up evidence, innuendo, guilt by association.
under obama. he is not interested in cutting spending. this is a guy who looked favorably on the social welfare state of europe with higher spending and tolerate lower productivity and higher unemployment. that's what he wants in place in this country. >> we will talk aboutbe this more. next up is texas republican senator ted cruz is new media punching bag? [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick me, that's perfect for two! campbell's...
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Feb 15, 2013
02/13
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CNBC
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president obama gave his two cents on the fate of the penny saying he's open-open to the idea of getting rid of the copper coin. the president says it costs more for the government to make a penny than it's actually worth. the mint says it costs nearly it.5 cents to produce and distribute a single penny. tell us what you think on that one. >>> meantime, let's take a very quick look at what's happening with the markets. the dow is down by 0.3%. walmart is down by 2.8% on the reports of that internal e-mail about february sales being a total disaster. the spokesman says sometimes these internal e-mails can be inaccurate. thanks for watching "street signs." have a great weekend. "closing bell" is next. >> hi, everybody. happy friday to you. welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. the major averages in danger of posting losses this week though. >> if we stay right here, we'll see that. i'm bill griffith. the dow does not be able to look like it will avoid a second consecutive losing week. the blue chip average down sharply in the last half hour on t
president obama gave his two cents on the fate of the penny saying he's open-open to the idea of getting rid of the copper coin. the president says it costs more for the government to make a penny than it's actually worth. the mint says it costs nearly it.5 cents to produce and distribute a single penny. tell us what you think on that one. >>> meantime, let's take a very quick look at what's happening with the markets. the dow is down by 0.3%. walmart is down by 2.8% on the reports of...
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Feb 17, 2013
02/13
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CNNW
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i think president obama in the state of the union reflected that sentiment you talked about. is that the role of government, continue to put little chinks in front of the pac-man to continue to eat it? is that the role we want? i say it shows little faith in the american innovator, the country that invented the iphone, has the highest per capita gdp, gave birth to will any nelson. >> in fact, we are not taking tax dollars and using them to fund an infrastructure bank where we are fixing roads and brings and building new struck. >> something i found interesting this week, a survey from td ameritrade. we don't agree on how we want to spend our money but all of those things are -- paying for things that americans are used to. >> none of them actually are talking about infrastructure. >> let's return to that >> nobody says i want my tax dollars go to build a better electrical grid and bridges and things like that we assume that is somehow paid for. >> we do a good transition where you and i agree. infrastructure a fine investment if it serves the end goal of creating better infra
i think president obama in the state of the union reflected that sentiment you talked about. is that the role of government, continue to put little chinks in front of the pac-man to continue to eat it? is that the role we want? i say it shows little faith in the american innovator, the country that invented the iphone, has the highest per capita gdp, gave birth to will any nelson. >> in fact, we are not taking tax dollars and using them to fund an infrastructure bank where we are fixing...
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Feb 17, 2013
02/13
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vice president -- >>> president obama's state of the union speech contained nearly 6,500 words. now, look at this word cloud of his speech. the more often he used a word, the bigger it appears. jobs is by far the most prominent. he said the job or jobs 47 times. the president wants to create more jobs. so do most americans. so how to do it. i spoke with a man uniquely positioned to know. larry summers has been one of the world's leading economists for 30 years. he has served as treasury secretary, president of harvard and director of the national economic council. welcome, larry summers. >> good to be with you, fareed. >> so, the president wts to create jobs. everyone tells him this is the number one priority that the administration should have. put very simply, why has it been so difficult so far? why are we so many years, almost five years into a recovery and the distinctive feature of it is just aren't those many jobs. >> fareed, this has been a unique, not unique, but unusual kind of downturn. it's a downturn that came because there was too much leverage. asset prices got to
vice president -- >>> president obama's state of the union speech contained nearly 6,500 words. now, look at this word cloud of his speech. the more often he used a word, the bigger it appears. jobs is by far the most prominent. he said the job or jobs 47 times. the president wants to create more jobs. so do most americans. so how to do it. i spoke with a man uniquely positioned to know. larry summers has been one of the world's leading economists for 30 years. he has served as...
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Feb 12, 2013
02/13
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he's never going to leave barack obama very far. we talked to him about the state of the union, about its impact on some of the fights like the budget sequester. he said he's not sure that the sequester is going to happen or not, whether they're going to make a deal, but this is the single biggest opportunity he's got to make his case on why we need revenues as well as spending cuts. here is david axelrod on the significance of the state of the union to that effort. >> we have a standoff on these issues. this is the largest audience he's going to have. the goal is to move public opinion because that's what moves congress. i think some of the reasons we now see some moment on issues like immigration reform, for example, has to do less with what the president said and more with what the american people have said. >> i also talked to david about the attitude the president has shown since the election. he certainly had a little bit more spring in his step. some people say he's been cocky since that election, throwing a couple of elbows
he's never going to leave barack obama very far. we talked to him about the state of the union, about its impact on some of the fights like the budget sequester. he said he's not sure that the sequester is going to happen or not, whether they're going to make a deal, but this is the single biggest opportunity he's got to make his case on why we need revenues as well as spending cuts. here is david axelrod on the significance of the state of the union to that effort. >> we have a standoff...
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Feb 15, 2013
02/13
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FBC
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we have four more years of obama and christine his record what will it take for obama supporters to protest like when the last republican was in office? >> they will not -- they are not going to as long as the many functions. the world market is willing to do is take dollars and is still better than foreign currency. we get the printed money, run up debts obama promises extra spending with the military industrial complex it won't stop until the dollar quits working it done any time but not in the next week or two. there is no serious attempt. the argument is increasing by 19 or 20% then they say those who want 19% are slashing the budget and are so far out of touch it takes the bankruptcy people to say enough is enough. >> when interest rates go up, they go up suddenly. thank you for your service. you were so alone for so many years. thank you for fighting the good fight. >> thank you. >> later i will give the "state of the union" that obama should have given. what is the states of the union mean for business? [applause] the boys used double miles from their capital one venture card to fly
we have four more years of obama and christine his record what will it take for obama supporters to protest like when the last republican was in office? >> they will not -- they are not going to as long as the many functions. the world market is willing to do is take dollars and is still better than foreign currency. we get the printed money, run up debts obama promises extra spending with the military industrial complex it won't stop until the dollar quits working it done any time but...
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Feb 14, 2013
02/13
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CNN
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two of president obama's key nominees are facing major hurdles. senator john mccain says he may filibuster chuck hagel's nomination if the president doesn't get more information on the attack in benghazi and a hold on general renan if he doesn't get answers about the use of drones in the united states of america. that's an issue we talked about last week when i asked the chairman of the house intelligence committee that very question, whether he could see a time when drowns were used against american citizens on american soil. >> i don't think we'll ever get there. i think it's very, very important to understand that the legal justification for using an air strike against an enemy, no matter their citizenship, is long standing in this country. they no longer have the benefit of u.s. citizenship to protect them when they're on foreign land fighting the battle of the united states. >> earlier, i spoke with rand paul of kentucky and asked him if he thinks he is wrong. >> well, he didn't say no. what i want to hear from john brennan before i agree to
two of president obama's key nominees are facing major hurdles. senator john mccain says he may filibuster chuck hagel's nomination if the president doesn't get more information on the attack in benghazi and a hold on general renan if he doesn't get answers about the use of drones in the united states of america. that's an issue we talked about last week when i asked the chairman of the house intelligence committee that very question, whether he could see a time when drowns were used against...